Biggest Movers: LTC Falls 6%, DOGE Moves to 2-Week Low

Litecoin was a notable mover connected Wednesday, arsenic the token dropped by arsenic overmuch arsenic 6% successful today’s session. The diminution came arsenic a reddish question swept done the crypto market, starring to the planetary headdress falling by 2% astatine the clip of writing. Dogecoin besides dropped, hitting a two-week low.

Litecoin (LTC)

Litecoin (LTC) was 1 of Wednesday’s biggest movers, arsenic the token fell by arsenic overmuch arsenic 6% successful today’s session.

LTC/USD dropped to a bottommost of $85.87 earlier successful the day, little than 24 hours aft hitting a precocious of $91.79.

The diminution successful terms pushed litecoin to its weakest constituent since May 15, erstwhile it past broke retired of a level astatine $85.00.

From the chart, it appears that today’s determination transpired arsenic the comparative spot scale (RSI) fell beneath a enactment level of 50.00.

Currently, terms spot is present tracking astatine 46.95, with the adjacent disposable level astatine the 39.00 mark.

Although LTC has rebounded from an earlier low, and is present trading astatine $86.61, a breakout beneath $85.00 remains possible.

Dogecoin (DOGE)

Dogecoin (DOGE) was besides successful the reddish connected Wednesday, arsenic it fell to a multi-week debased of its own.

Following a precocious of $0.07305 connected Tuesday, DOGE/USD slipped to a debased of $0.07103 successful today’s session.

This driblet successful terms pushed the meme coin to its lowest constituent since May 12, which is the past clip it traded nether $0.07000.

Overall, dogecoin has mostly consolidated betwixt the aforementioned low, and a absorption level astatine $0.0750 for the past fewer weeks.

In bid to determination distant from this existent threshold, a ceiling of 43.00, oregon level astatine 36.00 volition request to beryllium broken.

At the clip of writing, the scale is astatine a speechmaking of 37.42.

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Do you expect dogecoin to rebound this week? Let america cognize your thoughts successful the comments.